This was posted 9 months 28 days ago, and might be an out-dated deal.

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Sign up, Deposit $5000 & Receive 15 Free Shares (from A$7ea to A$419ea) @ Moomoo

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Sign up, Deposit $5000 & Receive 15 Free Shares (from A$7ea to A$419ea) @ Moomoo
Go to Deal
cooni on 13/07/2023 - 13:56 fego-au.moomoo.com (4188 clicks)
Last edited 01/09/2023 - 15:07 by 3 other users

For anyone that hodl'ed on the last deal, wait a little longer and you can get even more free stonks for signing up - or signing up your partner or parents or whoever (just make sure you use a separate device to sign up because they keep track of that and disallow the referral otherwise).

Steps to success:

  • Sign up on or after 21/7/23
  • Deposit $5000 and get 15 free shares (was $2000 and 10 free shares), deposit less and get less shares. As well as a $50 stock discount coupon.
  • If you signed up with a referral and then make a trade, you get 2 extra shares another free $50 stock discount coupon.

I got pretty lucky when I signed up, with 2x Cola-Cola, 6x GameStop, 4x AMC.
Apparently OP of the last deal got a request from moomoo to take down the probabilities so I have done the same but gee look at how well the tech stocks have done since the date of their T&C!

Takes about a business day or so to verify your deposit, after which you can withdraw it after verifying the withdrawal account (another business day or so). Also comes with brokerage free trading (fees to be refunded before the 15th of the next month).

From the email that just went out:

Hi mooers,

Here at moomoo, we're big on giving our users what they want. Thanks to the overwhelming response from our Spin & Win promotion, we've decided to keep the promo (and wheel) rolling.

Plus, there's now a chance to win even more free stocks!

From Friday 21 July, the updated Spin & Win promotion will include an additional deposit amount tier of AUD $5,000, entitling customers to an additional spins of the prize-guaranteed wheel. New T&C will apply for new users and be shared once it's live.

Please be aware that our current promotion will end at 11:59 PM (AEDT) on 20/07/2023. Users who have already deposited an amount less than AUD $2,000 and who wish to acquire the existing rewards on offer, must deposit the remaining amount (to make up to AUD $2,000) by this date.

We are excited to announce that on Friday 21 July, moomoo will also reveal a brand new referral promotion with bigger and better rewards. Stay tuned for what's coming next!

Happy trading.

From,
Team moomoo AU.

Edit 21/7/23: Apparently this goes live at 8pm and we're yet to see if we need to generate new referral codes for the new promo. If we do, will need to contact a mod to clear the existing referrals.

Edit: Live now on all existing referral links

Referral Links

Referral: random (486)

Referrer gets $10 Cash Coupon for each referee who signs up & downloads moomoo app for the first time, $10 Cash Coupon for each referee who opens their Moomoo AU trading account for the first time, and $30 Cash Coupon for each referee who makes an initial deposit of $100+ in their Moomoo AU trading account. (Referrer can get $50 Cash Coupon in total.) Maximum 10 referrals per referrer.

Referrer also gets additional 1 free Apple stock for referring 5 referees who sign up & download moomoo app, and deposit $100 for the first time.

Financial Brokerage Share Trading Shares (financial)

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closed Comments

    • kypermaster on 28/07/2023 - 14:50

      Why does it feel like the referral stocks are getting worse than sign up stocks, got low priced for all 8 referral stocks, not complaining tho, still free money

      • wavesgreen on 28/07/2023 - 16:12
        +1

        I'm almost certain there's an algorithm where the stocks get worse as the promotion goes on then they spike to reinvigorate sign-ups.

        But yeah, *ahem*, it's all random.

        • zuruhara on 28/07/2023 - 18:44

          Rigged u mean

  • kaybc on 28/07/2023 - 09:35

    New to this- how long did it take for everyone’s stocks to settle? Sold some from 24th and still not showing as available funds and only under cash?

    • Charlie Dont Surf on 28/07/2023 - 10:13

      US stocks?

      • kaybc on 28/07/2023 - 10:27

        Yeap!

        • Charlie Dont Surf on 28/07/2023 - 10:47

          You've exchanged these proceeds into AUD? This process can also push out the timeframe by an extra day or so. In the app under Accounts/Assets/Cash/Cash, which category are the proceeds sitting in?

    • OZBargainer26 on 28/07/2023 - 10:45
      +1

      Have you tried exchanging the currency?

      • kaybc on 28/07/2023 - 10:58

        Ah got it! Had to exchange it! Ty

  • [Deactivated] on 28/07/2023 - 11:19

    deposit is taking foreveeeeeeer! waiting pationtleeeeeeeeeeeey

  • Lurk Hartog on 28/07/2023 - 12:24

    Are you guys closing down your accounts after withdrawing or just keeping it open?

    • Slo20 on 29/07/2023 - 09:49

      Keep it open. If you close it you no longer get any future referral rewards. it’s also a decent app for futures and US live earnings calls.

  • ollieksj on 28/07/2023 - 14:29
    +1

    so I'm confused.
    Do I have to keep my funds in my account for 30 days?
    Also, can someone give me a step by step on how to get the $50 stock cash coupon.

    • SgtBatten on 29/07/2023 - 04:01

      Yes 30 days your balance can't stop below $4k.

      To get the $50 (assuming you have one available) make a $500 trade) I bought and sold a stock for the same price and it worked.

      • ollieksj on 30/07/2023 - 00:54

        The total asset value is calculated after stocks are redeemed. Would deposit, withdraw and then spin for stocks be feasible. Just don’t feel like leaving 5K sitting there.

        • SgtBatten on 30/07/2023 - 19:26

          The stocks I see pending (I've already spun) have various balance requirements associated with them. Some are 500, some 2k and some 5k.

  • Samund3 on 29/07/2023 - 09:06
    +1

    This deal is not worth it these day. Have to deposit 5000$ and you have to wait month for rewards to be unlocked. Not worth putting in $5000 for a montg for 100-200$ worth

    • Slo20 on 29/07/2023 - 09:58
      +4

      It’s not as enticing as previous deal but it’s still better than any HISA or putting it in offset account.

  • Noleksum on 29/07/2023 - 15:35

    I got 50AUD Stock Cash Coupon. But i also have "Reffered Friend Stock Cash Coupon" . Does anyone know what is it?

    • cooni on 29/07/2023 - 16:18

      One of the same

  • ozvince on 30/07/2023 - 18:59
    +2

    I deposited $5000 and spin 15 times all I got is $5-7 USD stocks not too happy…

    • mrjames on 31/07/2023 - 14:29
      +1

      Looks like they've changed the mix of share available. Just got 7 referral spins which got me only $30 USD.

      • eecchhoo on 31/07/2023 - 14:56

        Don’t tell me you get amc on all of the spins :(

        • mrjames on 31/07/2023 - 15:18

          They've added LCID ($7) and UA ($7) which dilutes the potential earnings. KO has also been removed. Deal is not really worth it anymore.

      • wavesgreen on 31/07/2023 - 16:03
        -1

        Oh they would never do that…

  • eecchhoo on 31/07/2023 - 15:59

    It says no brokerage fee for 180 days but I notice it charges platform fee and tax when you buy and sell shares?

    • Bladeyyy21 on 31/07/2023 - 19:31

      They'll be refunding the platform fees on august 15th (or the 15th of each month)

      • eecchhoo on 31/07/2023 - 19:55

        great .. good to know …

  • matt15 on 02/08/2023 - 10:21

    Westpac blocked my account and are trying to say this is a scam.

    • matt15 on 02/08/2023 - 10:31

      Saying I have to clean my devices before they will unblock it. So ridiculous. They are completely convinced it’s a scam.

      • cooni on 02/08/2023 - 11:19
        +1

        Yeah pretty ridiculous you can't send money to a company with an AFSL!

          • Mallo on 02/08/2023 - 16:30
            +1

            @matt15: I'm starting to think it is a scam, it's been more than three weeks after selling my shares and my available balance is still marked as negative

            • cooni on 02/08/2023 - 18:32

              @Mallo: How did that happen? Negative?

              • Mallo on 02/08/2023 - 18:37
                +2

                @cooni: No idea, deposited $2,000 in the last promotion, got about $220 Aud of shares which was pretty glorious. sold the shares incurring a transaction fee I assumed would be refunded, then purchased australian shares about $1,990 worth, Cash is showing at $285.40 and Available funds is showing -5.50, funds on hold $8.80. If I try to withdraw, available balance shows as $0 and won't allow it.

  • Willy Bargin on 02/08/2023 - 18:13
    +1

    15 spin $94 USD in share . mostly AMC and 2 each UA + Lucid

  • DrScavenger on 03/08/2023 - 22:16

    4 people clicked yet I only got 1 referral bonus and that's from my irl friend so irrelevant. Do people just not proceed, or do they randomly press? He confirmed he got 15 stocks btw so deal is good.

    • GeoK on 03/08/2023 - 22:23

      from my experience, it takes sometime to clear the deposit from the moment it is made.
      and sometimes people quite when they get asked questions!!!

      4 clicks is nice though, only got 2.

    • cooni on 03/08/2023 - 22:33

      I have stacks of clicks, a bunch of people referred and then less that I get stocks for - some people sign up and don't deposit it seems

    • Bladeyyy21 on 07/08/2023 - 13:56

      How do you know when someone has clicked?

      • wavesgreen on 07/08/2023 - 14:02
        +1

        Underneath the deal at the top of the page is the OzBargain referrals links. The number of clicks you have received will show there along with the date/time of the last click.

  • vee_el on 08/08/2023 - 10:19

    Sorry if this has been answered already. The $5000 balance requirement for 30 days. Does that have to be maintained for cash balance only or as long as my total asset value (including cash balance) is $5000, that is ok? I bought two lots of $500~ to get the two $50 cash back and now my actual cash balance is under $4000.

  • sunny007 on 09/08/2023 - 13:34

    How does cash coupon works?

  • cook99 on 09/08/2023 - 23:41

    Just got 23 spins for referring my wife and deposit of $5k (15 spins for her, 8 for me).
    22 were AMC or LCID, 1 GME.
    I smell BS versus the last deal for sure….

    Also she got 2 $50 trade vouchers but one is already expired before first login, is this normal?
    The other expires in another year.

    Also clicking the unfreeze button says keep balance for 30 days over $500, not $5000. Is that a typo? Or can I withdraw $4500.

    • GeoK on 10/08/2023 - 10:23
      +1

      keep balance for 30 days to unlock for your wife but yours can be sold, converted to AUD and cashed out.
      Did not use my or my wife vouchers personally.

      • cook99 on 10/08/2023 - 10:48

        Thanks Geo, but curious that lots of other people saying it says keep balance over $2k and they are not happy, wife one says keep over $500, hence I'll take out $4500 of my $5000 if I'm allowed to …

        • GeoK on 10/08/2023 - 10:53
          +1

          for my wife's, some of them says 500 and some says 2000. we did not go for the full 5k for hers!

          • cook99 on 10/08/2023 - 12:53

            @GeoK: Cool, I'll go through all 15 shares on her account to confirm Max limit, take a few screenshots as evidence and pull out the excess. Don't want to leave $5k in there for the ~$120 shares, but $500 is totally fine

  • cooni on 12/08/2023 - 07:32

    Had 2x "Platform Fee Cash Coupon" come thorough, one in AUD, the other in USD, presumably for brokerage refund.

    Anyone know if these turn into cash once cleared or if they can only be used to buy stocks?

    Also <3 OzBargain, made $1k from Moomoo referrals

    • ozbmm on 12/08/2023 - 13:20

      Got mine yesterday but not sure how to retrieve the money. Help anyone?

      • Slo20 on 13/08/2023 - 08:51

        “Cash will be credited to your brokerage account at Moomoo Financial Inc. within 3 trading days after you have used the cash coupons.”

      • cooni on 15/08/2023 - 11:59

        Received cash in my trading account which has since been transferred to my bank

  • freoleo on 15/08/2023 - 11:36
    +1

    AMC crashing before I can even cash out, lost like $30 of value already…

    • wavesgreen on 15/08/2023 - 14:25

      Yeah it was always a dodgy freebie to give away

    • SgtBatten on 23/08/2023 - 06:56

      Yeah two downward spikes the day before I get them lol.

      In fact all the shares dropped just as I've recommended them. Classic

    • [Deactivated] on 23/08/2023 - 15:45

      -61% in one month. Ouch

    • ozbmm on 23/08/2023 - 16:31

      Crap, I lost $10

      • SgtBatten on 25/08/2023 - 22:03

        well i decided to see how the amc merger went, so i lost missed out on about $60 from holding those shares

  • atlinus on 15/08/2023 - 17:41

    First to send / PM.
    Account was already open using random referral link but for some reason the referral link didn't work as per verification with support

    Moo support was asking me to provide the Referrers Account ID and screenshot of the invite to link a referee to my newly open account which I don't know.

  • FiDad on 23/08/2023 - 18:03

    Ok 30 days completed yesterday so sold the stocks last night and got the funds transferred back to my bank. Now just waiting for USD from my stock sales and i will be done with them

    • SgtBatten on 25/08/2023 - 22:06
      +2

      They threw another $5 stock at me for keeping a $2 balance an extra day lol

  • FiDad on 25/08/2023 - 09:07

    So i sold my shares 2 days ago and still have not got the USD to exchange to AUD, when i go to currency exchange section it still shows as $0 USD but when i go to trade a US shares it shows the funds available as $140 correctly. Anyone knows if i need to do some other step before i can exchange my currency or its just a matter of waiting?

    • cooni on 25/08/2023 - 09:12
      +1

      Need to wait for the share sale to settle before you can exchange to aud

      • FiDad on 25/08/2023 - 09:16

        is there a way to check when shares sale settlement has happened

        • cooni on 25/08/2023 - 11:00
          +1

          Just when your money goes from USD Cash to USD Cash Withdrawable… no progress indicator.
          But should be pretty soon if it's been 2 days

          • FiDad on 25/08/2023 - 11:01

            @cooni: Yes just got the usd added to my account. Also just got a free PLS share worth $4ish AUD for keeping more than $2 for more than a month lol

  • gamerkonks on 30/08/2023 - 10:42
    +1

    Has anyone else had 5 of the 15 free stocks come up as "invalidated"?

    • GeoK on 30/08/2023 - 11:53
      +1

      yes, will chat with them to see whats going on!

      They said it is the AMC 4 to 1 share reversal!

      • gamerkonks on 30/08/2023 - 13:51
        +1

        Ahk, I believe they credited my US cash account for something related to that.

    • cook99 on 08/09/2023 - 01:57

      Yup same issue here

  • supernoob on 30/08/2023 - 18:11

    1 stock invalidated and the rest 11 stocks went from maintain your 30 days avg asset > $500 to $2000 and $5000. I tried live chat but talking to bots only…

    • gamerkonks on 08/09/2023 - 12:06

      Their live chat has been helpful for me. To talk to a person, type "agent".

  • coolc on 01/09/2023 - 18:52

    They block refferal shares asking screen shot of friends accunt and proof of invitations.

  • charliechao on 03/09/2023 - 11:39

    GME to the moon. Moass is inevitable

  • CyberMurning on 03/09/2023 - 13:04
    +3

    Wow lucky didnt go with this. Many issues down the track from others

  • coolc on 04/09/2023 - 19:13

    Avoid these any lame excuse to not pay refferal bonus

  • DingoBilly on 07/09/2023 - 08:46

    Such an insane risk to reward ratio. Anything more than a hundred or two to invest gives so much risk when things go wrong as above.

  • FiDad on 08/09/2023 - 09:31

    Got a notifications from Moomoo for a earning season bonus offer. Deposit/transfer $5000 and get $100 stock coupon. Seems like a good deal especially if i dont need to keep $5000 for 30 days. Anyone else got this offer?
    Edit- Checked the terms and conditions and it seems like you will need to keep the cash in there for 3 months and do 3 trades each month so not worth it

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